Question: 1. Solving an unconstrained optimization problem using Excel Solver: consider minx 2 =(x - 2)2 To solve such a problem in a spreadsheet, we need

1. Solving an unconstrained optimization problem

1. Solving an unconstrained optimization problem using Excel Solver: consider minx 2 =(x - 2)2 To solve such a problem in a spreadsheet, we need two cells. The target cell is where the value of the objective function is expressed and the decision variable cell is where the value of the decision variable will be varied. The target cell must include an Excel formula that expresses the objective function as a function of the decision variable in the second cell

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